Commissioner Rehn made scapegoat for squalor - HS in English |

Commissioner Rehn made scapegoat for squalor

The ruling and opposition parties exchanged blows during Monday's budgetary debate. OLLI Rehn, the European Commissioner for Economic and Monetary Affairs, was made the scapegoat for squalor as the Finnish Parliament began its budgetary debate on Monday. Minister of Finance Jutta Urpilainen (SDP) revealed that she had felt conflicted when studying the alternative budgets drafted by the Centre and the Finns Party.

17.12.2013 15:11

“Whenever I go to Brussels, I hear Centre's EU Commissioner Olli Rehn call for more cuts to next year's budget. Yet, you propose further borrowing and spending increases,” Urpilainen exclaimed.

Later, Peter Östman of the Christian Democrats suggested that even the problems faced by businesses in securing funding are due to Rehn, because the European Union has imposed stricter capital adequacy requirements on banks.

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